"Do not put all your eggs in one basket" is an advice that seeks to reduce:
A. Idiosyncratic risk
B. Non-diversifiable risk
C. Systemic risk
D. Market risk
A. Idiosyncratic risk
Economics
You might also like to view...
Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run, marginal cost can also be measured by the change in ________ cost when output changes by one unit
A) total; fixed B) variable; fixed C) fixed; variable D) total; variable
Economics
If an entity is fungible, then its individual units are:
A. nearly impossible to purchase. B. of value for a short period of time. C. useless without the other units. D. interchangeable.
Economics